Empowering Franchises Through ERP Software

PostedOn: 2017-02-07 12:09:27

It’s no secret. Managing a contract is challenging, time-consuming work. And the challenge of maintain a see-through, cross-departmental approach is never more common than in a franchise environment. luckily, enterprise resource planning (ERP) software is there to help create more collaboration among your vast array of departments, to improve marketing and sales, optimize inventory management, and much more. Let’s take a closer look at how ERP software can empower your franchise. 

Inventory Management

As a franchise business owner, it’s your job to assure that your inventory is being properly managed, that you have the right amount in stock, that replenishment is optimized, and that you have a complete and total visibility into your business’s record and overall manufacturing processes. With an enterprise resource planning solution, you’ll have peace of mind knowing that your business is “backed up” with alert systems in place to ensure that replenishment never goes unnoticed or register never reaches a certain low point, for example.

Employee Management

Wouldn’t it be nice to have visibility into the progress of your sales reps or the status of your employees on the shop floor? With ERP, you can have both. Employee management gets a lot more streamlined and accessible with enterprise resource planning software, as you’ll be able to check in on the progress of your employees and hold them accountable for their work, even cross-franchise.

Sales & Marketing

If you’re doing ERP right, you know that an integrated customer relationship management (CRM) solution will do wonders for your business’s sales and marketing efforts.

At the heart of your business is sales and attempting to grow. It’s that simple. With an enterprise resource planning solution, you’ll be better able to keep an eye on pertinent financial information, analytics and coverage, cash flow and sales cycle, and much more. With this visibility into sales, you’ll be in a much better place to get bigger your franchise into new territories or put up upon existing ones.

Then there’s marketing, which helps foster your business’s sales efforts. With a fully-integrated customer relationship management tool connected to your business’s ERP system, you’ll have a cross-departmental visibility and approach to marketing campaigns. You’ll also be able to utilize your centralized database in targeting email marketing campaigns, among other benefits. For a franchise that’s looking to capitalize on each territories’ marketing opportunities, there’s no better solution than CRM.

Franchise Performance

Enterprise resource planning software improves franchise performance by bringing your business into the 21st century. A strong ERP system will have availability on any and all electronic devices, giving your managers access to valuable manufacturing process information at all times. Additionally, any challenges or issues that may arise can be handled as soon as you get the alert on your tablet, smart phone, or other electronic device.

Inter-Departmental Cooperation

When it comes down to it, enterprise resource planning software provides your business with the ability to work inter-departmentally in ways that it’s never been able to. With ERP, you’ll be sharing business information across any and all departments in your organization, and for a franchise, that’s crucial. Since you’re not all located in the same vicinity, information sharing is of utmost significance. Additionally, in sequence accuracy is just as crucial. Having a centralized system in place to store information that can then be access by the necessary individuals across your franchise’s department is a benefit of venture software that can’t go unnoticed.